My father had 8 siblings, but unfortunately, two of his sisters passed away without any children. We’re now trying to divide 6 apartments on the family land amongst ourselves. I’m curious about the advantages and disadvantages of two options:
1. Dividing the property through a court process (creating a “Solenama”).
2. Dividing the property outside of court through the Registrar.
Could you explain these processes briefly, including the approximate costs for each? Which approach is generally more cost-effective?
Dividing the property through a court process (Solenama) involves a lengthy and expensive legal procedure, with costs varying depending on the complexity of the case. Dividing the property outside of court through the Registrar is faster and generally cheaper, but requires agreement from all legal heirs. The Registrar approach is usually more cost-effective, provided all parties can reach an amicable agreement.
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